What is "economics" in English? Definition and Explanations

Updated: 25-10-2024 by Wikilanguages.net
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What does economics mean in English? Meaning of economics definition and abbreviation with examples.

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What is "economics" in English? Definition and Explanations

Meaning of "economics": the branch of social science that deals with the production and distribution and consumption of goods and services and their management

Noun

  • Meaning: the branch of social science that deals with the production and distribution and consumption of goods and services and their management
  • Synonyms: economic science economics political economy
  • Hyponyms: econometrics finance macroeconomics microeconomics supply-side economics
  • Hypernyms: social science
  • Part Holonyms: economic theory
  • Adjective: (social sciences) The study of resource allocation, distribution and consumption; of capital and investment; and of management of the factors of production. 2013 August 3, “Boundary problems”, The Economist, volume 408, number 8847:  Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too.2013 August 3, “Boundary problems”, The Economist, volume 408, number 8847:  Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too.
  • Synonyms:

    business, finance, social science, the dismal science,

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    economics in English: economics
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